Independent Research, Turtles all the way down

Turtles all the way down

Independent Research

Writing short articles about mis-priced boring stocks around the world.

Equity Bottom-Up

<ul><li>In this post I tracked my performance on stock mentioned in my blog, and I would like to officially close some ideas here.</li><li>I will start doing that from now on. Something I did privately but not on the blog publicly.</li><li>Either because they have worked out and upside is no more attractive, or because the facts have changed.</li></ul>

In this post I tracked my performance on stock mentioned in my blog, and I would like to officially close some ideas here.I will start doing that from now on. Something I did privately but not on the blog publicly.Either because they have worked out and upside is no more attractive, or because the facts have changed.

MagnaChip Semiconductor Corp / Equity Bottom-Up

<ul><li>Magnachip is an interesting merger arb situation with only modest downside. A Chinese firm has previously tried to acquire this for $29.</li><li>But that was shot down by US regulators. Currently stock trades just over $15.</li><li>I have been in and out of this stock twice already, and I think a lot of people are just fed up waiting for the company to sell itself so far.</li></ul>

Magnachip is an interesting merger arb situation with only modest downside. A Chinese firm has previously tried to acquire this for $29.But that was shot down by US regulators. Currently stock trades just over $15.I have been in and out of this stock twice already, and I think a lot of people are just fed up waiting for the company to sell itself so far.

South Korea

Magnachip Semiconductor Corporation designs, develops, and manufactures mixed-signal and digital multimedia semiconductors.

MagnaChip Semiconductor Corp (MX US)

Closing Some Idea's

In this post I tracked my performance on stock mentioned in my blog, and I would like to officially close some ideas here. I will start doing that...

Turtles all the way down

Magnachip Merger Arb

Magnachip is an interesting merger arb situation with only modest downside. A Chinese firm has previously tried to acquire this for $29.

Turtles all the way down